RCom conducts second CoC meet to discuss updates, appoint other advisors

Reliance Communications (RCom) said it held its second committee of creditors meeting (CoC) to discuss the operational updates between the interim resolution professional (IRP) and the resolution professional (RP) and appointment of other advisors.

“We wish to inform you that the second meeting of Committee of Creditors (CoC) was conducted on July 9,2019 to provide update on the handover/ transitional support taken by the RP, from the erstwhile interim resolution professional Including operational updates and discussions were held regarding the appointment of inter alia other professional advisors/service providers such as RP Legal Advisor, CoC Legal Advisor, Registered Valuers Process advisors, Transaction Review Auditor, Forensic Auditor and the Virtual data room service provider….”,said the bankrupt telecom operator which is now under the reins of RP-Deloitte in a regulatory filing on Wednesday.